The emphasis of "Managerial Accounting, 6e" is on teaching students to use accounting information to best manage an organization. In a practice Hilton pioneered in the first edition, each chapter is written around a realistic business or focus company that guides the reader through the topics of that chapter. Known for balanced examples of Service, Retail, Nonprofit and Manufacturing companies, Hilton offers a clear, engaging writing style that has been praised by instructors and students alike. As in previous editions, there is significant coverage of contemporary topics such as activity-based costing, target costing, the value chain, customer profitability analysis, and throughput costing while also including traditional topics such as job-order costing, budgeting, and performance evaluation.
Chapter 1 The Changing Role of Managerial Accounting in a Dynamic Business EnvironmentChapter 2 Basic Cost Management Concepts and Accounting for Mass Customization OperationsChapter 3 Product Costing and Cost Accumulation in a Batch Production EnvironmentChapter 3 Appendix Activity-Based Costing: An IntroductionChapter 4 Process Costing and Hybrid Product-Costing SystemsChapter 4 Appendix Process Costing in Sequential Production DepartmentsChapter 5 Activity-Based Costing and Cost Management SystemsChapter 6 Activity-Based Management and Today's Advanced Manufacturing EnvironmentChapter 7 Activity Analysis, Cost Behavior, and Cost EstimationChapter 7 Appendix Finding the Least-Squares Regression EstimatesChapter 8 Cost-Volume-Profit AnalysisChapter 8 Appendix Effect of Income TaxesChapter 9 Profit Planning, Activity-Based Budgeting, and e-BudgetingChapter 9 Appendix Inventory ManagementChapter 10 Standard Costing, Operational Performance Measures and the Balanced ScorecardChapter 10 Appendix Use of Standard Costs for Product CostingChapter 11 Flexible Budgeting and the Management of Overhead and Support Activity CostsChapter 11 Appendix A Standard Costs and Product CostingChapter 11 Appendix B Sales VariancesChapter 12 Responsibility Accounting, Quality Control and Environmental Cost ManagementChapter 13 Investment Centers and Transfer PricingChapter 14 Decision Making: Relevant Costs and BenefitsChapter 14 Appendix Linear ProgrammingChapter 15 Target Costing and Cost Analysis for Pricing DecisionsChapter 16 Capital Expenditure DecisionsChapter 16 Appendix A Future Value and Present Value TablesChapter 16 Appendix B Impact of InflationChapter 17 Absorption, Variable and Throughput CostingChapter 17 Appendix Effect of the Volume Variance under Absorption and Variable CostingChapter 18 Allocation of Support Activity Costs and Joint CostsChapter 18 Appendix Reciprocal-Services MethodAppendix I Compound Interest and the Concept of Present ValueAppendix II References for Management Accountants: In Their Own WordsNER(01): WOW